The Auction House Grind: January 2012

Friday, January 27, 2012

AFK

It was the best of times, it was the worst of times...

So there I was, listing auctions on the AH waiting for my LFR queue to pop. Little did I know the horrible tradegy that was unfolding beneath me. Super-heated atoms spreading their deadly thermal destruction across my chip set. Slowly proceeding without any warning. Like a time bomb ticking down. Waiting to destroy my computer, my life, and my general good attitude.

I will attempt to protect you, the reader, from the resulting anger, confustion, and emotional breakdown that followed. My baby, my pride and joy, was dead. Some would say "Hey, it just a computer" but no, it was more. Much more. Crafted out of love, each part assembled by my own two hands. The amount of time, effort, and no small amount of money that went into making the perfect computer.

So here I sit on a crappy laptop borrowed from a friend. Wondering where I will find the funds to rebuild my baby. It can be repaired. We have the technology..... The technology, yes, the funds, not so much.

So, dear readers, I must announce that I am afk for a few more days. Pleading my case to my financial benefactors (sisters) in hopes of procuring the necessary materials (tons of cash) to rebuild what has been destroyed.

Never fear, I will return. Until then I'm AFK, BRB.

Jafo

Monday, January 16, 2012

Flipping Recipes

One of the lessons that I have learned in life is that most people are inherently lazy. When given a choice of two paths most will choose the easiest even if the reward is more costly for doing so. This is just as true in WoW. Fortunately we can profit on the laziness of others.

There are many ways of making gold in WoW. Unfortunately many of these ways require you to have a moderate amount of wealth to “invest in”. Today I will show you a way to profit from the auction house that requires very little gold to start. The advantage is that this works for level 1 toons all the way up to max level toons.

Flipping Recipes

To be successful at this I would recommend you download the following two addons. RecipeProfit puts an alert button on your mini map that shows you where all recipe sellers are within the zone that you are currently in. GatherMate2 collects Herbs, Mines, Gas Clouds and Fishing locations and adds them to the world-map and mini-map. GatherMate2 is a required addon to support RecipeProfit.

RecipeProfit for GatherMate

GatherMate2

The process is simple. RecipeProfit shows icons on your map screen. When you hover over the map icon a box opens up and shows the name of the seller and the recipes they sell. Buy these recipes and list them on the auction house.

When pricing the recipes you have to find your servers “sweet spot”. This is the maximum price that they will sell for. Overpriced recipes will not sell and underpriced recipes are lost profit.

There are two major types of recipes. They are cooking recipes and profession recipes. Typically, on my server, profession recipes will sell for more than cooking recipes. When first starting out a little experimentation may be necessary. I find that 55 gold is a good price for cooking recipes and 75 gold a good price for profession recipes. This is a great profit for a recipe that can be bought from a vendor for less than 1 gold.

I have found that all recipes sell regardless of where they are obtained. Azeroth, Outlands, and Northrend recipes are excellent sellers. This is a great profit maker for toons of all levels. Even with 8 level 85 toons with all professions maxed out, I still make time to collect recipes for sale on the AH. I have been using this strategy for years and have never been disappointed. Give it a try. You might be surprised.